Government and politics
China denounces Trump tariff: ‘Fentanyl is America’s problem’
The U.S. and China flags stand behind a microphone at the U.S. Embassy in Beijing on April 9, 2009. Frederic J. Brown | AFP | Getty Images China’s government on Sunday denounced the Trump administration’s imposition of a long-threatened 10% tariff on Chinese imports while leaving the door open for talks with the U.S. that […]
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India targets fiscal deficit at 4.4% for 2025-26, sets path to bring down debt
India’s Finance Minister Nirmala Sitharaman holds a briefcase containing the Union Budget as she poses for photographs outside the Ministry of Finance before leaving for the parliament to present the Union Budget in New Delhi, India, on Feb. 1, 2025. Nurphoto | Nurphoto | Getty Images The Indian government will target a narrower fiscal deficit […]
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Musk aides lock government workers out of computer systems at U.S. agency: Reuters
Elon Musk arrives for the inauguration of U.S. President-elect Donald Trump in the U.S. Capitol Rotunda on Jan. 20, 2025 in Washington, DC. Kenny Holston | Getty Images Aides to Elon Musk charged with running the U.S. government human resources agency have locked career civil servants out of computer systems that contain the personal data of millions of federal employees, according to two agency officials. Since taking office 11 days […]
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Second federal judge blocks Trump funding freeze
A person uses a mobile phone with the U.S. Capitol building in the background, on Capitol Hill in Washington, U.S., November 13, 2024. Nathan Howard | Reuters A federal judge on Friday temporarily blocked President Donald Trump’s administration from freezing federal loans, grants and other financial assistance to 22 states, barring the Republican for now […]
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Nvidia CEO Jensen Huang to meet with Trump at White House
Nvidia CEO Jensen Huang is in Washington, D.C., and will be meeting with President Donald Trump on Friday afternoon, CNBC has confirmed. The main topic Huang and Trump are expected to discuss is U.S. artificial intelligence policy, according to people familiar with the matter who asked not to be named because they weren’t authorized to […]
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German parliament rejects opposition’s draft migration law
German Chancellor Olaf Scholz giving a government declaration on domestic issues at the Bundestag on January 29, 2025 in Berlin, Germany. Sean Gallup | Getty Images The German parliament rejected an opposition draft law on tightening immigration policy on Friday, two days after the opposition conservatives were accused of breaching an agreement against cooperating with […]
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RFK Jr. stumbles over basics of Medicare, Medicaid during Senate confirmation hearings
Robert F. Kennedy Jr., U.S. President Trump’s nominee to be secretary of Health and Human Services, testifies before a Senate Health, Education, Labor, and Pensions (HELP) Committee confirmation hearing on Capitol Hill in Washington, U.S., Jan. 30, 2025. Nathan Howard | Reuters Robert F. Kennedy Jr., President Donald Trump’s pick to lead the Department of […]
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France’s shrinking economy betrays urgent need to overcome budget wrangles
A pedestrian crosses a flooded street following heavy rainfall in Paris on October 17, 2024. Joel Saget | Afp | Getty Images France’s economy shrank slightly in the fourth quarter, flash data showed Thursday, highlighting the urgent need for warring French lawmakers to overcome their differences and agree on a 2025 budget. The economy recorded […]
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India’s finance minister faces a tough choice crafting the annual budget — boost growth or cut deficit?
Nirmala Sitharaman, India’s finance minister, leaves the ministry to present the budget at the parliament in New Delhi, India, on July 23, 2024. Bloomberg | Bloomberg | Getty Images As the Indian government walks a tight rope between fiscal prudence and reviving growth, experts suggest it will likely favor cutting deficit in its annual budget […]
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Trump says he will send migrants to Guantanamo Bay
U.S. President Donald Trump speaks during an event to sign the Laken Riley Act, at the White House in Washington on Jan. 29, 2025. Elizabeth Frantz | Reuters President Donald Trump on Wednesday said he will order his administration to prepare Guantanamo Bay, the U.S. military base in Cuba where terrorism suspects have been held […]
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